TimkenSteel Common Shares definition

TimkenSteel Common Shares means the common stock, without par value, of TimkenSteel.
TimkenSteel Common Shares has the meaning set forth in the Recitals.
TimkenSteel Common Shares means (i) all classes or series of outstanding common shares of TimkenSteel for U.S. federal income tax purposes, including common shares and all other instruments treated as outstanding equity in TimkenSteel for U.S. federal income tax purposes, and (ii) all options, warrants and other rights to acquire such stock.

Examples of TimkenSteel Common Shares in a sentence

  • TimkenSteel will register the TimkenSteel Common Shares relating to the TimkenSteel Equity Compensation Awards and make any necessary filings with the appropriate Governmental Authorities as required under U.S. and foreign securities Laws.

  • Fractional TimkenSteel Common Shares will not be distributed in the Distribution nor credited to book-entry accounts.

  • The Put Option shall permit the Participant or Beneficiary to sell such TimkenSteel Common Shares under a fair valuation formula during the sixty (60) consecutive day period following the date the TimkenSteel Common Shares were distributed to the Participant or Beneficiary, at which time the Put Option will temporarily lapse.

  • The ESOP Account of each Participant shall be credited and debited periodically during each Plan Year in which the ESOP is maintained with any additions or reductions in the number of TimkenSteel Common Shares held for such Participant in the Plan due to the reallocation of the investment of the Participant’s Account, and with any stock and cash dividends paid on TimkenSteel Common Shares held in the Participant’s ESOP Account.

  • All other TimkenSteel Common Shares held in the Trust, including shares not voted by Eligible Participants or Beneficiaries or not yet allocated to Eligible Participants or Beneficiaries, are to be voted by the Trustee in conformity with applicable law, taking into account votes directed by Eligible Participants and Beneficiaries.

  • Such component of the Plan is designed to invest primarily in TimkenSteel Common Shares and consists of the ESOP Accounts of all Participants.

  • Fractional TimkenSteel Common Shares will not be distributed in the Distribution nor credited to book‑entry accounts.

  • Dividends described in this Section F will be paid to the Plan and reinvested in TimkenSteel Common Shares with respect to any Participant (or Beneficiary) who does not affirmatively elect to have such dividends paid to him.

  • At such times as TimkenSteel Common Shares are not readily tradable on an established market at the time of distribution of a Participant’s ESOP Account, the Company shall issue a Put Option to each Participant or Beneficiary receiving a distribution of TimkenSteel Common Shares from the Plan.

  • Each Participant, each Beneficiary who has succeeded to the interest of a Participant and each Alternate Payee (“Eligible Participants and Beneficiaries”) in this Plan shall have the authority to direct the exercise of voting rights as to whole TimkenSteel Common Shares held as part of the ESOP for the benefit of the Eligible Participant or Beneficiary as of the most current Valuation Date available preceding the record date for the shareholders’ meeting.


More Definitions of TimkenSteel Common Shares

TimkenSteel Common Shares means a share or shares of common stock of the Company, which is intended to be “employer securities” within the meaning of Section 409(1) of the Code, and “qualifying employer securities” within the meaning of Section 407(d)(5) of ERISA.

Related to TimkenSteel Common Shares

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Common Shares means the common shares in the capital of the Corporation;

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Holdings Common Stock means the common stock, par value $0.01 per share, of Holdings.

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

  • Purchaser Common Stock means the common stock, par value $0.01 per share, of Purchaser.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Additional Common Shares means all common stock (including reissued shares) issued (or deemed to be issued pursuant to Section 2) after the date of the Warrant. Additional Common Shares does not include, however, any common stock issued in a transaction described in Sections 2.1 and 2.2 of the Warrant; any common stock Issued upon conversion of preferred stock outstanding on the date of the Warrant; the Shares; or common stock Issued as incentive or in a nonfinancing transaction to employees, officers, directors, or consultants to the Company.

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Additional Common Stock herein shall mean in the most broadest sense all shares of Common Stock hereafter issued by the Borrower (including, but not limited to Common Stock held in the treasury of the Borrower and common stock purchasable via derivative security or option on the date of such grant ), except Common Stock issued upon the conversion of any of this Convertible Note or Warrant.

  • Acquiror Common Stock means the common stock, $0.001 par value per share, of Acquiror.

  • Seller Common Stock means the common stock, par value $0.01 per share, of Seller.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Class A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.